Arvo has provided Quarken Boats Oy with 1.0 million euros in bridge financing to support the fulfillment of its swiftly expanding order backlog for high-speed outboard boats.
Target Information
Arvo has granted a bridge financing of 1.0 million euros to Quarken Boats Oy, a shipbuilding company based in Kokkola. The funds are aimed at fulfilling a rapidly growing order backlog. Quarken Boats specializes in manufacturing high-speed outboard boats designed for day-use, with a primary customer base located overseas.
The company designs its boat models in-house and has facilities in Kokkola suitable for prototype construction. Most of the production is contracted out to Finnish subcontractors. Notably, Quarken's boats are equipped with high-quality Yamaha engines, ensuring durability and performance.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in Finland
The Finnish boat manufacturing industry has been gaining momentum, characterized by innovation and a willingness to embrace new technologies. The sector has seen a substantial increase in demand over the
Similar Deals
Crédit Mutuel Innovation, Fonds SPI, Supernova Invest, Swen Capital, BNP Paribas Développement, GO Capital, NCI → Expliseat
2025
Innovation Wings Industries (IWI) → Doroni Aerospace
2025
Arvo
invested in
Quarken Boats Oy
in 2020
in a Other VC deal
Disclosed details
Transaction Size: $1M